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NJ gambling revenue up 13.9% year-on-year in June


Gambling revenue in New Jersey increased 13.9% year-on-year in June, though the state experienced a month-on-month decline.

State-wide revenue for the month amounted to $457.2m. This was up from $401.5m in June of 2022 but 13.9% down from $401.5m in May this year.

Land-based gambling remained by far the primary source of revenue during the month. This area of the market generated $241.6m in revenue, 5.4% more than last year.

Slots accounted for $183.0m of all land-based revenue, a rise of 7.0%, while table games revenue climbed 0.9% to $58.1m.

Elsewhere, online gambling revenue jumped 12.1% from $133.1m in 2022 to $149.3m. This included $146.7m in online slots revenue, up by 12.1% year-on-year, while internet poker revenue jumped 16.1% to $2.5m.

Golden Nugget claimed top spot in this market with $41.8m in revenue. Borgata followed in second with $39.4m, while Resorts Digital placed third with $35.6m.

Turning to sports wagering, revenue in this segment hit $66.4m, up 69.1% on last year. This was despite handle falling 6.7% to $591.1m. Players spent $558.6m online and $32.5m at retail sportsbooks.

Meadowlands, partnered with FanDuel, remained the market leader with $27.5m in sports betting revenue. Resorts Digital and DraftKings followed with $25.3m, then Borgata and BetMGM with $5.0m.

In terms of year-to-date, total gambling revenue in New Jersey for the six months to the end of June was $2.73bn. This was 12.1% more than in the previous year.

Land-based casino revenue was 3.5% higher at $1.36bn, while online gambling revenue was up 14.3% to $930.8m. Sports betting revenue increased 42.8% to $440.8m.